This, however will happen at east five years from now and that's why anyone who invest in those places today needs to really evaluate his /her ability to survive those five years.These areas will also be rental haven.

The sluggish market allows investors the time to evaluate the deal prior to committing.

I am currently evaluating buy/hold deals in Indianapolis and I am curious to know if the community thinks they are good deals or not.

I used the advice I found on here to evaluate the deal.

Properties can be anywhere from $500K to up to $2MM or even more.One advantage of going with loopnet is that I work quite hard and can spend a lot of time being thorough in evaluating all listings, including FSBO listings.

At the very least, be sure to run some preliminary title, talk to some local realtors or investors for another evaluation of the neighborhood, and get pictures or inspections completed first.

If you can hire someone and give/teach them your criteria for evaluating properties then this is one less item you have to deal with.

I'm new so I'm not able to evaluate these things on the fly and throw something out there, I need a little research time.

And Brian, what would you consider a "song" when you evaluate properties in small towns?

If I was determined to sell at that point, I'd evaluate which made more money.